Financial and tax BDD of R&G Fluid Power for Diploma plc

Financial and tax BDD of R&G Fluid Power for Diploma plc

Eight Advisory UK provided buyside financial and tax Due Diligence on the R&G Fluid Power group on behalf of Diploma plc.

R&G Fluid Power is a specialised distributor based in Preston, UK supplying a range of fluid power components and services, primarily to the aftermarket across a breadth of industrial sectors.

R&G Fluid Power operates across four divisions – Hydraulics, Industrial, Gaskets & Pneumatics – to service the UK fluid power MRO market, with significant presence across the North-West.

The acquisition of R&G Fluid Power will strengthen Diploma’s market position in the Seals Sector business and its ongoing development in the UK.

The team in charge of the financial due diligence was composed of Justin Welstead, Daniel Parsons and William Doyle.

The Tax due diligence team was headed by Dean Lake and Tom Sykes.

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